402 N Federal Highway Lake Worth Beach, FL 33460
Listing Courtesy of: BeachesMLS/FlexMLS / Compass Florida LLC / Coldwell Banker Premium Realty / James Lopez

  402 N Federal Highway Lake Worth Beach, FL 33460

Active (89 Days)
$1,299,000

Description

Prime investment opportunity in Downtown Lake Worth Beach. Located on Federal Hwy just four blocks north of Lucerne Avenue, this unique property consists of two separate structures on an oversized double parcel (TOWN OF LAKE WORTH LTS 1 & 2 /LESS W 5 FT SR R/W/ BLK 106) and is zoned Mixed Use Federal Hwy (MU-FH), which allows for a multitude of uses including Low intensity office uses, Low intensity personal service uses, Hotels and motels, Multifamily residences, and more. One structure with frontage on Federal Hwy is two stories housing three (3) dwelling units with nearly 2,800 SF. The second structure has frontage on 4th Ave N and features three (3) dwelling units with approximately 1,700 SF.

MLS #:
RX-11023676
Taxes
$9,612(2024)
Lot Size
0.3 acres
Type
Multifamily
Year Built
1941
Views
Public Water, Public Sewer
County
Palm Beach County
Community
Lake Worth Town of

Listed By

Sean Mooney, Compass Florida LLC
James Lopez, Coldwell Banker Premium Realty
Source
BeachesMLS/FlexMLS
Last checked Dec 22 2024 at 10:47 PM GMT+0000
Bathroom Details
Subdivision
  • Lake Worth Town Of
Heating and Cooling
  • Electric
  • Central
Flooring
  • Tile
Living Area
  • 4,141 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 17, 2024
Price Changed
$1,299,000
-13%
-201,000
Oct 09, 2024
Price Changed
$1,500,000
-14%
-250,000
Disclaimer: Copyright 2024 Beaches MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 14:47